Exclusive: India's top lender asks exporters to trade with Bangladesh in rupee, taka

Exclusive: India’s top lender asks exporters to trade with Bangladesh in rupee, taka

New Delhi, Sept 19 (Reuters) – The main lender, the State Bank of India (SBI.NS), has asked exporters to avoid making deals with Bangladesh in dollars and other major currencies, as it seeks to limit exposure to Dhaka’s downside reserves, according to an internal document and a source. Bangladesh’s $416 billion economy struggles with rising …

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